Hint 4/2/2006: Falling 50 Day MA Is Apt To Be Resistance:
NEM Expect resistance at a falling 50-day ma, especially if it coincides with a 50% retracement level, a violated support level and/or the Accumulation Index is below 0. The 54.66 level represents a 50% recovery of what the stock lost after hitting 63 and falling to 48. |